Quarterly Result14 Feb 2026, 06:23 pm
Konark Synthetic Ltd Approves Q3 and Nine Months Financial Results for 2025
AI Summary
Konark Synthetic Ltd has approved the unaudited standalone financial results for the quarter and nine months ended on December 31, 2025. The company is not required to prepare consolidated financial results due to Konark Infratech Private Limited ceasing to be an associate and India Denim Limited being under Corporate Insolvency Resolution Process. The company has made full provision for the investment made in India Denim Limited. The trade receivables include long outstanding receivables of Rs.711.18 Lakhs from Mudra Denims Private Limited with minimal probability of recovery.
Key Highlights
- Konark Synthetic Ltd approved unaudited standalone financial results for Q3 and nine months ended on December 31, 2025.
- The company is not required to prepare consolidated financial results due to certain subsidiaries' status.
- Full provision has been made for the investment made in the subsidiary under Corporate Insolvency Resolution Process.
- Trade receivables include long outstanding receivables of Rs.711.18 Lakhs from a company under Corporate Insolvency Resolution Process.
Price Impact
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